Bill Title: Establishes the "New Century Railroad Investment Program" to preserve, improve and enhance the state's railroad infrastructure including a credit against the petroleum based tax for certain qualifying railroad capital improvements; provides for the repeal of a certain portion of such tax for railroads commencing January 1, 2012 and provides for the repeal of capital improvement tax credit program on such date.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2010-01-06 - referred to transportation [A06837 Detail]

Text: Latest bill text (Introduced) [HTML]

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